NEW YORK, Jan. 2 (Xinhua) -- Crude prices surged above 99 U.S. dollars a barrel Wednesday on supply concerns sparked by Nigerian unrest and a warning that OPEC may not be able to meet its share of global oil demand by 2024.
Armed men attacked Port Harcourt, the center of Nigeria's oil industry Tuesday, leaving four policemen, three civilians killed.
Meanwhile, the Organization of Petroleum Exporting Countries said its member nations may not be able to meet demand as early as2024.
Light, sweet crude for February delivery rose 3.05 dollars a barrel to 99.03 dollars on the New York Mercantile Exchange.
Crude prices set a record high of 99.29 dollars a barrel on Nov.21, 2007.
Armed men attacked Port Harcourt, the center of Nigeria's oil industry Tuesday, leaving four policemen, three civilians killed.
Meanwhile, the Organization of Petroleum Exporting Countries said its member nations may not be able to meet demand as early as2024.
Light, sweet crude for February delivery rose 3.05 dollars a barrel to 99.03 dollars on the New York Mercantile Exchange.
Crude prices set a record high of 99.29 dollars a barrel on Nov.21, 2007.
